On November 11, Goertek announced that it plans to spin off its holding subsidiary Goertek Microelectronics.
Goertek: The leading industry in China's private enterprises
Goertek is a leading private enterprise in Weifang. It was established in June 2001 and listed on the Shenzhen Stock Exchange in May 2008. is a technologically innovative company with a global layout, mainly engaged in acoustic, optoelectronic precision R&D, manufacturing and sales of components and precision structural parts, intelligent complete machines, and high-end equipment. In the first three quarters of 2020, the company achieved revenue of 34.73 billion yuan, a year-on-year increase of 43.90%; realized net profit of 2.02 billion yuan, a year-on-year increase of 104.71%. As of 21.00 on November 11, its total market value reached 140 billion yuan.
According to the staff, today, the company has reached the international leading level in many segments. Among them, the company's shipments of micro speakers/receivers, micro microphones, smart wearables and other products rank first in the world. The shipments of wireless headsets are the world's leading. The shipments of mid-to-high-end VR headsets account for more than half of the world's total. MEMS is the only company in China that has entered the top ten in the world. Goertek Microelectronics, a subsidiary of
: An important source of revenue for
headquarter,
The split Goertek Microelectronics was established in 2017. At the end of 2019, Goertek will integrate the microelectronics business in the body and inject relevant assets into it. Subsidiary, realize integrated operation and operation.
At present, Goertek Microelectronics is mainly engaged in the design, manufacturing and sales of related products such as MEMS microphones, MEMS sensors, and microsystem modules of the company. The products are mainly used in smart phones, smart wireless headsets, wearable products, automotive electronics and other fields.
In 2019 and the first half of 2020, Goertek's MEMS business revenue has achieved rapid growth. According to the research report of Yole Développement, an international research organization, Goertek ranks 9th in the global MEMS industry enterprise revenue ranking in 2019, and is the only Chinese company to enter the top ten in the world.
“settled” in Qingdao:
may become the city’s first share of the semiconductor industry
Regarding this spin-off, the relevant person in charge of GoerTek said that Goertek’s microelectronics product line has a high technical threshold and high profitability. The parts business system is independent and fully meets the conditions for spin-off and listing. Spin-off and listing can optimize resource allocation, rediscover value, and better motivate the team to make the company bigger.
It is worth noting that the headquarters of Goertek is registered at Qingdao International Innovation Park, No. 1, Keyuanwei 1st Road, Laoshan District, Qingdao, which is also the location of Goertek's global R&D center. This spin-off and listing is still in the preliminary planning stage. If the subsequent progress is smooth, Qingdao is expected to usher in the first share of the semiconductor industry and enrich the industrial cluster.
At present, there are 16 listed and registered enterprises in Qingdao, most of which are located in Jimo District, mainly technology companies, showing the good operation of the city's listing work and the optimized layout of the industry.
